August is National Make a Will Month. There are so many reasons you should have an Estate Plan, but there is no good reason you should be without a Will. So much so that the entire month of August has been set aside to remind people to make a Will. Consider this:
Are you becoming parents?
Are you getting married?
Are you a new homeowner?
Have you recently been separated or going through a divorce?
Have your family circumstances changed?
Whatever the reason, now is the time to at least put a Will into place. We often see the headlines when a celebrity fails to have a Will but, more common, families line up at the Probate Court seeking help in figuring out what their loved one's final wishes were.
In addition to the Last Will and Testament, every person should have a financial power of attorney and an Advance Directive for HealthCare. Those two important documents allow a loved one, perhaps a spouse if you are married or an adult child can serve as your agent, to make important decisions if you are unable to make them yourself.
Don't let August go by without at least putting a Last Will and Testament in place. Your family will thank you for it. If you'd like to discuss these issues and have your plan set up the right way, the first time, give us a call at (678) 809-4922.
John P. Farrell, Esq.
Mr. Farrell is the author of Estate Planning for the Modern Family: A Georgian's Guide to Wills, Trusts, and Powers of Attorney. You can learn about his book here and learn more about John here. Join the more than 1,500 people who subscribe to his Newsletter here. Feel free to send John a message here.
